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US lawmaker targets crypto investors using Puerto Rico as a tax haven


A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven.According to an April 21 Bloomberg report, New York Representative Nydia Velázquez introduced the Fair Taxation of Digital Assets...

Slovenia Proposes 25% Crypto Tax That Could Redefine EU Markets


Slovenia has proposed a 25% tax on crypto profits and derivatives, signaling a seismic shift toward uniform digital asset regulation. Slovenia Targets Crypto Profits With Brutal 25% Tax Slovenia’s Ministry of Finance released a draft bill Thursday in Ljubljana proposing a 25% tax on profits from...

Panama's capital to accept crypto for taxes, municipal fees


Panama’s capital city will accept cryptocurrency payments for taxes and municipal fees, including bus tickets and permits, Panama City mayor Mayer Mizrachi announced on April 15, joining a growing list of jurisdictions globally that have voted to accept such payments.Panama City will begin...

How to file crypto taxes in the US (2024–2025 tax season)


Key takeawaysUS crypto investors must file their 2024 tax returns by April 15, 2025, ensuring all crypto transactions are accurately reported to the IRS.Crypto held for less than a year is taxed as ordinary income (10%-37%), while holdings over a year qualify for lower capital gains rates (0%,...

How to file crypto taxes in the US (2024–2025 tax season)


Key takeawaysUS crypto investors must file their 2024 tax returns by April 15, 2025, ensuring all crypto transactions are accurately reported to the IRS.Crypto held for less than a year is taxed as ordinary income (10%-37%), while holdings over a year qualify for lower capital gains rates (0%,...

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